M&T Bank Corp Sells 6,222 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

M&T Bank Corp trimmed its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 323,557 shares of the company’s stock after selling 6,222 shares during the period. M&T Bank Corp’s holdings in Vanguard High Dividend Yield ETF were worth $41,283,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VYM. Clear Creek Financial Management LLC increased its position in shares of Vanguard High Dividend Yield ETF by 9.3% in the third quarter. Clear Creek Financial Management LLC now owns 3,216 shares of the company’s stock worth $412,000 after purchasing an additional 274 shares during the last quarter. QRG Capital Management Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 34.3% in the third quarter. QRG Capital Management Inc. now owns 15,761 shares of the company’s stock worth $2,021,000 after purchasing an additional 4,028 shares during the last quarter. Moloney Securities Asset Management LLC increased its position in shares of Vanguard High Dividend Yield ETF by 14.1% in the third quarter. Moloney Securities Asset Management LLC now owns 5,607 shares of the company’s stock worth $719,000 after purchasing an additional 695 shares during the last quarter. United Advisor Group LLC increased its position in shares of Vanguard High Dividend Yield ETF by 48.7% in the third quarter. United Advisor Group LLC now owns 3,235 shares of the company’s stock worth $415,000 after purchasing an additional 1,060 shares during the last quarter. Finally, Clarity Financial LLC increased its position in shares of Vanguard High Dividend Yield ETF by 7.7% in the third quarter. Clarity Financial LLC now owns 10,390 shares of the company’s stock worth $1,332,000 after purchasing an additional 739 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 2.0 %

VYM stock opened at $129.99 on Wednesday. The company’s 50 day moving average is $131.31 and its 200 day moving average is $129.84. The stock has a market cap of $59.65 billion, a price-to-earnings ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.